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Complex Property Division

Complex Property Division

Clinton Township Property Division Attorneys

Michigan law requires an equitable distribution of property in a divorce proceeding, but it’s rare that the division between spouses will be exactly equal. Courts split all assets according to fairness, which can be extremely complicated in a complex property division divorce case. Interests in a business, retirement benefits, investment accounts, and other possessions are far more challenging than divvying up bank accounts, vehicles, and simple real estate. A spouse can put his or her rights at risk without the advice and counsel of an experienced Clinton Township attorney.

At the law firm of Iafrate & Salassa, P.C., our attorneys have the skills necessary to protect your interests in a complex property division divorce case. Asset distribution under the Michigan statute involves a thorough investigation into the holdings of divorcing couples and the application of meticulous valuation formulas. Our lawyers possess the attention to detail and legal knowledge to ensure you get your fair share according to law.

Representing Your Interests in Tough Divorce Cases

Michigan law requires courts to look to a number of factors when making an equitable division of marital assets, such as real estate and personal property. However, there are various legal issues to consider and the decision is largely within the discretion of the judge. With complex property division cases, there are three primary areas where problems arise:

  1. Complicated Property Holdings: It’s not tough to divvy up proceeds from a savings account, but assets that are titled in trusts or other legal structures can be challenging.
  2. Large Scale, High Net Value Assets: The higher the value of real or personal property, the greater the potential for convoluted legal disputes and proceedings.
  3. Potential for Misconduct: With certain types of assets, there’s an increased chance of fraud in executing documents. In other cases, a spouse may be tempted to hide assets or engage in other misconduct to prevent them from being considered in property division or alimony determinations.

The attorneys at Iafrate & Salassa, P.C. represent your interests in a complex property division case by explaining highly involved legal concepts in terms you can understand. We serve our clients best when we can offer advice in ways that help you make responsible, informed choices regarding your future post-divorce. We’re by your side at the negotiations table in discussions to reach a settlement on asset division, but we’ll take the fight to court as necessary to protect your rights.

Speak with a Michigan Lawyer About Complex Property Division

The Iafrate & Salassa, P.C. legal team has more than 50 years of combined experience serving clients in the greater Metro Detroit area in complex property division divorce cases. Our attorneys have the in-depth knowledge of Michigan divorce law to protect your rights and ensure the best possible result in dividing assets. Please contact our Clinton Township office today at (586) 263-1600 or via our online contact form. We’re happy to answer your questions or schedule an initial consultation to discuss the details of your case.

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